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renewable energy solutions

Avaada Signs MoU To Develop 2750 MW Of PSPs In Maharashtra

Indian renewable project developer Avaada Group has now announced signing of a Memorandum of Understanding (MoU) with the Maharashtra government for the development of two Pumped Storage Projects (PSPs) with a combined capacity of 2,750 MW. This comes at a time when several leading companies in India like Adani Green, Greenko and others are showing […]

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Suzlon Acquires 51% Stake In Wind O&M Services Firm Renom

Suzlon Group, India’s largest renewable energy solutions provider, has executed definitive agreements for the acquisition of a 76% stake in Renom Energy Services Private Limited (“Renom”), in two tranches, from the Sanjay Ghodawat Group (SGG). Renom is the largest Multi Brand Operations and Maintenance service (“MBOMS”) provider in the country with assets of 1,782 MW […]

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Sunsure Commences Solar Power Supply To APL Apollo In UP

Sunsure Energy, the C&I focused renewable power producers  has announced the commencement of solar power supply to Apollo Pipes Limited and Apollo Metalex Pvt. Ltd., part of the APL Apollo Group , India’s largest producer of Structural Steel Tubes and Pipes. Sunsure will be supplying 10.5 million units of renewable energy annually to both the […]

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Korean Varsity Finds Way To Increase Efficiency Of Perovskite Solar Cells

Tin halide perovskites (Sn-HPs) are promising materials for next-generation solar cell technology. However, they still face issues related to stability and conversion efficiency, requiring addressal. Recently, researchers from Korea revealed that using a special additive namely “4-phenylthiosemicarbazide “can significantly enhance the performance and durability of Sn-HP-based solar cells by controlling crystal formation, passivating defects, and […]

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Rays Power Experts Raises Rs 20 Cr Equity Funding

Rays Power Experts, a leading full-service solar park developer in India, has raised INR 200 million in equity funding. The lead advisor for this transaction was Swastika Investmart Limited. The funding round included investments from prominent investors such as the Sunil Singhania family office, Vyom Wealth Advisors, Lalit Dua of Rajasthan Global Securities, Vineet Arora […]

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Tata Power In MoU with NDDB To Solarise Dairy Supply Chain

TP Renewable Microgrid (TPRMG), India’s leading solar microgrid company and a wholly owned subsidiary of Tata Power, has entered into a Memorandum of Understanding (MoU) with the National Dairy Development Board (NDDB), renowned for its transformative impact on India’s rural economy through its cooperative dairy model. This collaboration aims to facilitate various initiatives to advance […]

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BlueBird Solar Ties Up With Cliantech To Boost Its Capacity To 1.2 GW

Indian solar module manufacturer Bluebird Solar today announced collaborating with Cliantech Solutions to install an 800 MW fully automated solar panel manufacturing line at its facility in Greater Noida. This partnership aims to bolster production efficiency and meet the escalating global demand for renewable energy solutions, it said. Bluebird Solar currently operates a 400MW production […]

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Q1 Results: Suzlon Registers 199% Growth In Net Profits

Indian Wind Energy Company Suzlon Group today announced the financial results for its first quarter (Q1) for Financial Year 2024-25. In its filing before BSE, the company reported a consolidated 199 percent growth in its net profits on a Year-on-Year (YoY) basis. Compared to the last quarter, the Pune-based company reported a 19% growth in […]

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IREDA Q1 Results: 32% Revenue Growth, 30% Net Profit Jump

Indian Renewable Energy Development Agency Ltd. (IREDA) announced its audited financial results for the first quarter of fiscal year 2024-25 today. As the largest Pure-Play Green Financing NBFC in the country, IREDA achieved a new industry standard by publishing its Audited Financial Results within only 12 days. IREDA has achieved Profit After Tax of Rs. […]

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